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Japanese (NIKKEI) Residential REITs Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies6
  • 7D-0.5%
  • 3M-12.9%
  • 1Y-11.5%
  • YTDn/a

The Residential REITs is pretty flat in the last 7 days, but Starts Proceed Investment has stood out, gaining 4.9%. As for the longer term, the industry has declined 12% in the last year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Japanese Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024JP¥1.2tJP¥125.3bJP¥52.6b24.7x23.6x9.9x
Tue, 19 Nov 2024JP¥1.3tJP¥123.7bJP¥52.2b26x24.9x10.5x
Thu, 17 Oct 2024JP¥1.4tJP¥123.5bJP¥52.5b27.1x26x11x
Sat, 14 Sep 2024JP¥1.5tJP¥128.7bJP¥54.4b24.9x26.7x11.3x
Mon, 12 Aug 2024JP¥1.4tJP¥128.7bJP¥54.4b24.4x25.7x10.9x
Wed, 10 Jul 2024JP¥1.4tJP¥128.7bJP¥54.4b24.5x25.8x10.9x
Fri, 07 Jun 2024JP¥1.4tJP¥128.7bJP¥54.4b25.1x26.5x11.2x
Sun, 05 May 2024JP¥1.5tJP¥127.0bJP¥53.1b27.6x28.5x11.9x
Tue, 02 Apr 2024JP¥1.5tJP¥126.6bJP¥52.8b26.6x27.6x11.5x
Thu, 29 Feb 2024JP¥1.3tJP¥126.2bJP¥52.6b24.6x25.6x10.7x
Sat, 27 Jan 2024JP¥1.7tJP¥146.3bJP¥61.7b24.8x26.8x11.3x
Mon, 25 Dec 2023JP¥1.6tJP¥146.8bJP¥61.8b24.8x26.2x11x
Wed, 22 Nov 2023JP¥1.6tJP¥146.1bJP¥61.2b26.8x26.8x11.2x
Fri, 20 Oct 2023JP¥1.7tJP¥143.2bJP¥60.6b27.6x27.7x11.7x
Sun, 17 Sep 2023JP¥1.7tJP¥143.2bJP¥60.6b27.2x28.1x11.9x
Tue, 15 Aug 2023JP¥1.7tJP¥141.3bJP¥59.8b27.1x27.7x11.7x
Thu, 13 Jul 2023JP¥1.7tJP¥141.5bJP¥59.8b28.1x28.7x12.1x
Sat, 10 Jun 2023JP¥1.7tJP¥139.6bJP¥59.2b27.7x29.2x12.4x
Mon, 08 May 2023JP¥1.7tJP¥139.8bJP¥59.2b28.2x28.8x12.2x
Wed, 05 Apr 2023JP¥1.6tJP¥137.8bJP¥58.0b27.5x28.3x11.9x
Fri, 03 Mar 2023JP¥1.6tJP¥136.6bJP¥57.3b27.3x28.1x11.8x
Sun, 29 Jan 2023JP¥1.6tJP¥136.6bJP¥57.3b26.8x27.6x11.6x
Tue, 27 Dec 2022JP¥1.6tJP¥136.6bJP¥57.3b27.4x27.8x11.6x
Thu, 24 Nov 2022JP¥1.7tJP¥136.6bJP¥57.1b28.7x29.3x12.2x
Sat, 22 Oct 2022JP¥1.6tJP¥136.0bJP¥57.0b26.6x27.9x11.7x
Mon, 19 Sep 2022JP¥1.8tJP¥135.7bJP¥56.7b28.6x31x12.9x
Wed, 17 Aug 2022JP¥1.8tJP¥134.8bJP¥57.1b29.3x30.9x13.1x
Fri, 15 Jul 2022JP¥1.7tJP¥124.0bJP¥52.2b30.1x33.5x14.1x
Sun, 12 Jun 2022JP¥1.7tJP¥123.3bJP¥51.7b31.7x33.4x14x
Tue, 10 May 2022JP¥1.6tJP¥112.9bJP¥47.8b30.6x33.1x14x
Thu, 07 Apr 2022JP¥1.6tJP¥112.9bJP¥47.8b30.7x33.2x14x
Sat, 05 Mar 2022JP¥1.5tJP¥124.2bJP¥53.6b26.4x27.6x11.9x
Mon, 31 Jan 2022JP¥1.5tJP¥122.9bJP¥52.5b26.6x28.7x12.2x
Wed, 29 Dec 2021JP¥1.6tJP¥122.9bJP¥52.5b28.7x31x13.2x
Price to Earnings Ratio

31x


Total Market Cap: JP¥1.6tTotal Earnings: JP¥52.5bTotal Revenue: JP¥122.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Residential REITs Industry Price to Earnings3Y Average 28.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.6x which is lower than its 3-year average PE of 28.4x.
  • The 3-year average PS ratio of 12.0x is higher than the industry's current PS ratio of 9.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Residential REITs industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Japanese Residential REITs compare with similar industries?

JP Market-1.46%
Real Estate-0.079%
REITS0.34%
Residential REITs-0.47%
Diversified REITs0.34%
Specialized REITs0%
Healthcare REITs-0.19%
Office REITs-0.75%
Retail REITs-0.79%
Hotel and Resort REITs-1.11%
Industrial REITs-1.81%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8979 Starts Proceed InvestmentJP¥171.50k4.9%
+JP¥2.3b
-13.6%PB1x
3459 Samty Residential InvestmentJP¥89.80k1.2%
+JP¥938.0m
-17.8%PB0.9x
3226 Nippon Accommodations FundJP¥572.00k0.2%
+JP¥503.5m
-4.3%PB1.9x
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Latest News

8986

JP¥86,400.00

Daiwa Securities Living Investment

7D

-1.9%

1Y

-17.0%

8979

JP¥171,500.00

Starts Proceed Investment

7D

4.9%

1Y

-13.6%

3269

JP¥286,600.00

Advance Residence Investment

7D

-0.5%

1Y

-9.9%

3282

JP¥269,900.00

Comforia Residential REIT

7D

-1.7%

1Y

-15.0%

3459

JP¥89,800.00

Samty Residential Investment

7D

1.2%

1Y

-17.8%

3226

JP¥572,000.00

Nippon Accommodations Fund

7D

0.2%

1Y

-4.3%

3278

JP¥210,500.00

Kenedix Residential Next Investment

7D

-5.5%

1Y

-1.5%